Carbon Black Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPC51 | Last Updated On: Apr 13 2020 | No. of Pages: 226 | Available Formats

> Global Carbon Black Market Expected to reach a high CAGR of 3.85% By 2027: DataM Intelligence.

Global Carbon Black Market is segmented by Type (Channel Black, Acetylene Black, Furnace Black, Gas Black, Lampblack, Thermal Black), by Grade (Standard Grade, Speciality Grade), by Application (Tire Rubber, Non-tire Rubber, Plastics, Inks and Paints & Coatings, Others), by End-User Industry (Transportation, Industrial Applications, Printing & Packaging, Construction, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Carbon Black

Market Overview

  • Carbon black market is projected to expand at a CAGR of 3.85% from 2020-2027.
  • Carbon black is a material formed by the incomplete combustion of petroleum products such as coal tar.
  • Carbon black is produced either by thermal decomposition or partial combustion method, which includes oil or natural gas as a feedstock.
  • It is produced by four different processes, which are furnace black process, channel process, and acetylene black process, and Lampblack process.

Drivers and Restraints

  • There is a rise in demand for carbon black in the tire industry, construction and manufacturing sectors which use it to provide strength to industrial rubber compounds and other equipment.
  • The volatility of raw material prices is anticipated to impede the growth of the global carbon black market.
  • Stringent environmental regulations enacted by the government on the usage of carbon hampers the growth of the market.
  • Nowadays silica as a reinforcing additive in tire applications is becoming popular. This is anticipated to substitute the usage of carbon which is another significant restraint for the market.
  • An increase in the investments in the tire industry coupled with the rise in demand for specialty grade carbon black in paints & coatings is anticipated to boost the growth of the global carbon black market.

Market Growth

  • Stringent regulations to curb emissions from factories are expected to play a major role in driving the market growth.
  • Emerging countries in Asia Pacific, such as China, Thailand, India, and Indonesia, are projected to generate the maximum product demand in the coming years. 
  • Manufacturers in North America and Europe regions are forced to shift their operations to Asian countries owing to low cost in emerging countries. 
  • However, recovery in the automotive industry in countries, such as Germany and France, is anticipated to boost market growth in Europe over the forecast period.

Market Segmentation

  • Based on the grade, the global carbon black market can be classified into standard grade and specialty grade.
  • Specialty grade carbon black is widely used in inks, paints, and coatings.
  • An increase in demand for specialty grade carbon black is prompting the black carbon manufacturers to increase their production capacity or divert them to produce specialty grade carbon black rather than produce standard grade carbon black.
  • By applications, the global carbon black market can be classified into tire rubber, non-tire rubber, plastics, inks, paints & coatings and others.
  • The transportation industry is anticipated to remain the largest segment during the forecast period due to an increase in demand for tire applications.
  • On the other hand, carbon black is widely used in plastics manufacturing, newspapers printing inks and paints & coatings. Among these, plastics and paints & coatings are commonly utilized in the construction end-use industry.
  • Cabot Corporation to acquire Tech Blend and expand its business footprint agreed to buy Tech Blend, a Canadian black masterbatches manufacturer. The acquisition extends Cabot’s global footprint in carbon black masterbatch and compounds, thus providing a platform to serve global customers by utilizing Tech Blend’s resources and capabilities.

Geographical Share

  • Based on geography, the global carbon black market can be classified into North America, South America, Europe, Asia Pacific and rest of the world.
  • Asia-Pacific occupies the most significant share of carbon black in the world, a majority of the demand arises from economies such as China and India.
  • This is due to the expansion of tire manufacturing facilities and immense growth in the construction sector.
  • Moreover, Asia-Pacific is expected to dominate the overall market during the forecast period, as the global tire manufacturing companies are shifting their production base to key developing countries in the region.

Competitive Trends

  • Players active in the global carbon black market are highly competitive, with all key players investing heavily in R&D activities to improve the quality of their products.
  • Key players operating in carbon black market are Cabot Corporation, Orion Engineered Carbons S.A., Phillips Carbon Black Limited, Thai Carbon Black Public Company Limited (Birla Carbon), Tokai Carbon Co., Ltd., Continental Carbon, and Sid Richardson Carbon & Energy Co. among others.

Scope of the report

  • The report provides an extensive qualitative and quantitative assessment of the present and future trends in the global carbon black market
  • Focus on the various market dynamics that can have an impact on the growth of the market
  • Recent industry trends and developments in the carbon black market
  • Product mapping for the principal products of all the major market players
  • Excel data sheet with thousands of data points of the global carbon black market level 4/5 segmentation
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Key players in the market are profiled, and their recent developments, product portfolio, and other business strategies are listed

Key Target Audience

  • Global Carbon Black Manufacturers
  • Suppliers, Dealers, and Distributors of Carbon Black
  • Industry Investors/Investment Bankers
  • Research Organizations and Academia
  • Emerging Companies
  • Market Research and Consulting Firms

 

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Table of Contents

1. Carbon Black Market – Introduction

1.1. Study Scope

1.2. Market Introduction

2. Carbon Black Market – Assumptions and Research Methodology

3. Carbon Black Market – Executive Summary

4. Carbon Black Market – Industry Analysis

4.1. Market Dynamics

4.1.1. Drivers

4.1.2. Restraints

4.2. Key Industrial Developments in Carbon Black Market

4.3. Porter’s Five Forces Analysis

4.3.1. Competition Degree

4.3.2. Threat of Substitutes

4.3.3. Threat of New Entrants

4.3.4. Bargaining Power of Suppliers

4.3.5. Bargaining Power of Buyers

5. Carbon Black Market – Segmentation by Type

5.1. Channel Black

5.2. Acetylene Black

5.3. Furnace Black

5.4. Gas Black

5.5. Lampblack

5.6. Thermal Black

6. Carbon Black Market – Segmentation by Grade

6.1. Standard Grade

6.2. Speciality Grade

7. Carbon Black Market – Segmentation by Application

7.1. Tire Rubber

7.2. Non-tire Rubber

7.3. Plastics

7.4. Inks and Paints & Coatings

7.5. Others

8. Carbon Black Market – Segmentation by End-User Industry

8.1. Transportation

8.2. Industrial Applications

8.3. Printing & Packaging

8.4. Construction

8.5. Others

9. Carbon Black Market – Segmentation by Region, Country

9.1. North America

9.1.1. The U.S.A

9.1.2. Mexico

9.1.3. Canada

9.1.4. Rest of North America

9.2. Europe

9.2.1. Germany

9.2.2. The U.K.

9.2.3. France

9.2.4. Spain

9.2.5. Italy

9.2.6. Rest of Europe

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Rest of South America

9.4. Asia Pacific

9.4.1. China

9.4.2. India

9.4.3. Japan

9.4.4. Australia

9.4.5. Rest of Asia Pacific

9.5. Rest of the World

10. Carbon Black Market – Competitive Analysis

10.1. Company Profiles*

10.1.1. Cabot Corporation

10.1.1.1. Company Description

10.1.1.2. Recent Financials

10.1.1.3. Business Segments and Product Portfolio

10.1.1.4. SWOT Analysis

10.1.1.5. Strategic Analysis and Key Developments

10.1.2. Orion Engineered Carbons S.A.

10.1.3. Phillips Carbon Black Limited

10.1.4. Thai Carbon Black Public Company Limited (Birla Carbon)

10.1.5. Tokai Carbon Co., Ltd.

10.1.6. Continental Carbon

10.1.7. SID Richardson Carbon & Energy Co.

10.1.8. China Synthetic Rubber Corporation

10.1.9. Mitsubishi Chemical Holdings Corporation

10.1.10. Evonik Industries AG

10.2. Market Share Analysis

10.3. Product Mapping

11. Carbon Black Market – Appendix

11.1. Sources

11.2. List of Tables

11.3. Expert Panel Validation

11.4. Disclaimer

11.5. Contact Us

 

*Note: Additional Company Profiles will be included on request

Frequently Asked Questions

Q. At what CAGR is the Carbon Black Market anticipated to augment?
A. The Carbon Black Market is projected to strike 3.85% CAGR

Q. Who are the leading players in the Carbon Black Market?
A. Cabot Corporation, Orion Engineered Carbons S.A., Phillips Carbon Black Limited, Thai Carbon Black Public Company Limited (Birla Carbon), Tokai Carbon Co., Ltd., Continental Carbon, .Etc.

Q. What is the key driving factor of the Carbon Black Market?
A. There is a rise in demand for carbon black in the tire industry, construction and manufacturing sectors which use it to provide strength to industrial rubber compounds and other equipment.

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